TEDPIX goes down 716 points on Wednesday


(MENAFN) TEDPIX, the main index of Tehran Stock Exchange (TSE), went down 716 points to 1.513 million on Wednesday.

According to a report, more than 6.073 billion securities worth 36.691 trillion rials (about USD122.3 million) were traded at the TSE.

The first market’s index fell 1,046 points, while the second market’s index was up 179 points.

A market analyst anticipates that the Iranian share market has the chance to expand regardless of the distrust created in the market due to some bad decisions.

Hassan Kazemzadeh updated ISNA on June 5: "Given this potential, the market will grow. Of course, there are ups and downs, but no matter how much distrust there is, the changes of major economic factors will affect the market, but this effect takes place gradually and over time” underlining that it is possible for the market to expand.

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